Study on the Development Strategy of Ant Financial

Convergence of Internet technology and traditional financial industry has created a new field of Internet finance. Nowadays, China has a very large Internet user base and application market. With the application and development of the Internet, China has become one of the most developed countries that use Internet banking services and has the highest number of Internet finance users. Ant Financial is the first to enter the Internet financial market, and has now become a representative of China’s Internet finance industry due to its extensive layout and rich business. Most of the previous research has only studied a part of Ant Financial without an analytical framework. Therefore, this study intends to investigate the history, development process, and success factors of Ant Financial. The contents of this paper are as follows. First, the development process and the current situation of Ant Financial Services are expounded. Second, the advantages and disadvantages of the current development process are analyzed by the SWOT analysis technique. Through the comparison of the research results, the guiding opinions for the development of Ant Financial Services are proposed. Finally, summary of the success reasons and future prospects for development are presented.

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Internet Finance

Advances in Business Information Systems and Analytics - Maximizing Business Performance and Efficiency Through Intelligent Systems ◽

10.4018/978-1-5225-2234-8.ch009 ◽

2017 ◽

pp. 167-190

Author(s):

Marta Vidal ◽

Javier Vidal-García ◽

Stelios Bekiros

Keyword(s):

Financial Services ◽

Information And Communications Technology ◽

The Internet ◽

Communications Technology ◽

Financial Industry ◽

New Developments ◽

Technology Industry ◽

Online Marketplace ◽

Use Of Technology ◽

Internet Finance

New developments in the Information and Communications Technology industry have substantially increased the importance of the internet over the last decade. As a result, the finance sector has developed its technological capability to be able to compete in an online marketplace with other financial services providers and to be able to serve their customer. This chapter examines the use of technology in the financial industry and the various factors associated with it, as well as introducing the reader to the main types of project initiators-contributor business relations in online crowdfunding.

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The Role of Internet Banking in the Presentation and Marketing of Financial Services and Products in a Digital Environment

Digital Innovations for Customer Engagement, Management, and Organizational Improvement - Advances in Business Strategy and Competitive Advantage ◽

10.4018/978-1-7998-5171-4.ch009 ◽

2020 ◽

pp. 162-183

Author(s):

Berrin Arzu Eren

Keyword(s):

Financial Institutions ◽

Financial Services ◽

Banking Sector ◽

Internet Banking ◽

The Internet ◽

Advantages And Disadvantages ◽

The World ◽

Technological Developments ◽

Use Of Internet

This study aims to reveal the advantages and disadvantages offered by internet banking to financial institutions and their customers as well as the reasons why customers use/do not use internet banking. For this purpose, customers' perspectives on internet banking are presented to the reader in the past and present by statistics. This research points out that many customers of the bank around the world still do not use the internet. Hence, internet banking is not an option. Therefore, in this study, suggestions are made to enable the use of internet banking by the wider masses. In addition to internet banking, technological developments and digital innovations in the banking sector are mentioned in the chapter, and the evolution of internet banking is pointed out.

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Internet Finance

Foreign Direct Investments ◽

10.4018/978-1-7998-2448-0.ch091 ◽

2020 ◽

pp. 2035-2052

Author(s):

Marta Vidal ◽

Javier Vidal-García ◽

Stelios Bekiros

Keyword(s):

Financial Services ◽

Information And Communications Technology ◽

The Internet ◽

Communications Technology ◽

Financial Industry ◽

New Developments ◽

Technology Industry ◽

Online Marketplace ◽

Use Of Technology ◽

Internet Finance

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Internet Finance

Start-Ups and SMEs ◽

10.4018/978-1-7998-1760-4.ch037 ◽

2020 ◽

pp. 713-730

Author(s):

Marta Vidal ◽

Javier Vidal-García ◽

Stelios Bekiros

Keyword(s):

Financial Services ◽

Information And Communications Technology ◽

The Internet ◽

Communications Technology ◽

Financial Industry ◽

New Developments ◽

Technology Industry ◽

Online Marketplace ◽

Use Of Technology ◽

Internet Finance

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Customers’ Intentions to Switch to Internet-Only Banks: Perspective of the Push-Pull-Mooring Model

Sustainability ◽

10.3390/su13148062 ◽

2021 ◽

Vol 13 (14) ◽

pp. 8062

Author(s):

Cheolho Yoon ◽

Dongsup Lim

Keyword(s):

Financial Services ◽

Structural Equation ◽

Information Technologies ◽

Business Models ◽

Internet Banking ◽

Equation Modeling ◽

Research Model ◽

Financial Industry ◽

Banking Services ◽

New Business

The advent of fintech is blowing a new wind into the financial industry. New business models have been created and consumers’ access to financial services is higher than ever. Internet-only banks based on advanced information technologies have emerged as a leader in the fintech industry, and these banks are fiercely competing with large banks using internet banking as a weapon to attract new customers. The purpose of this study is to explore the factors that influence customers’ intention to switch to internet-only banking services from traditional internet banking services in Korea. To this end, a research model was developed based on the push-pull-mooring model (PPM), which is a migration theory. The research model was analyzed using partial least squares structural equation modeling (PLS-SEM). The findings will provide the practitioners of the new internet-only bank with strategic guidance for attracting new customers and help practitioners of traditional banks to retain current customers.

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Analysis of Sources and Mechanisms of Financing Innovative Activity in the Conditions of Digital Economy

Level of Life of the Population of Regions of Russia ◽

10.19181/lsprr/2020.16.2.3 ◽

2020 ◽

Vol 16 (2) ◽

pp. 36-41

Author(s):

Yekaterina N. Bykovskaya ◽

Yuliya N. Kafiyatullina ◽

Gocha P. Kharchilava

Keyword(s):

Financial Services ◽

Innovation Process ◽

Financial Sector ◽

Developed Countries ◽

The United States ◽

Internet Banking ◽

Digital Economy ◽

Innovative Activity ◽

Technological Innovations ◽

Stage Of Development

The Object of the Study. Innovative activity The Subject of the Study. Sources of financing innovation The Purpose of the Study is identifying of optimal sources of innovation in the digital economy. The Main Provisions of the Article. The most important elements of a system that ensures the smooth functioning of the innovation process are the sources and mechanisms of financing technological innovation. At the present stage of development, such an adequate and effective holistic system in the Russian Federation has not been created. The key conditions for creating a favorable economic environment are: the effective functioning of financing mechanisms, the quality and condition of investment sources, which determine the ability and potential of creating and implementing technological innovations. The digital economy is currently opening up conceptually new sources of funding. The dynamic development of digital solutions and technologies in the financial sector enables organizations to reduce the time spent on searching and making decisions about the source, mechanism and procedures for financing operational and strategic activities. The innovative activity carried out on an ongoing basis allows organizations to dynamically develop, meet business trends, or even create them. As you know, innovation requires serious investment and, as a rule, the more risky the innovation, the greater the profitability it has. In foreign practice of financing innovation, crowdfunding platforms have become widespread. Currently, the United States and individual EU representatives are the undisputed leaders in the development of financial technologies, payment systems, digitalization of financial services. In terms of the penetration of digital technologies in the financial sector (it reaches 85% according to experts), such countries also occupy the first positions. One of the main trends of the financial sector in developed countries is the creation of virtual banks and the Internet banking service. The article analyzes and evaluates the structure of sources of financing technological innovations, carries out a comparative analysis of financing research and development in Russia and developed countries, and considers the possibilities of using digital tools and sources to finance innovation.

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When Technology Meets Finance

Innovative Strategies for Implementing FinTech in Banking - Advances in Finance, Accounting, and Economics ◽

10.4018/978-1-7998-3257-7.ch001 ◽

2021 ◽

pp. 1-21

Author(s):

Yousif Abdullatif Albastaki

Keyword(s):

Artificial Intelligence ◽

Financial Institutions ◽

Financial Services ◽

Major Part ◽

The Internet ◽

Financial Industry ◽

Digital Innovation ◽

Customer Expectations ◽

The Internet Of Things

There is a paradigm shift in the financial services industry. Combined with ever-changing customer expectations and preferences, emerging technologies such as artificial intelligence (AI), machine learning, the internet of things (IoT), and blockchain are redefining how financial institutions deliver services. It is an enormous task to remain competitive in this ever-changing environment. Financial institutions see FinTech as a major part of the digital future, and as proof of this, since 2015, financial institutions have invested over US$ 27 billion in FinTech and digital innovation. This chapter is an introductory chapter that explores FinTech in the literature. It focuses on how FinTech is reshaping the financial industry by describing FinTech phases and development process. The financial products and services using FinTech are also described with a highlight on Islamic FinTech. The chapter finally concludes by describing the future of FinTech.

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From Reluctance to Resistance

International Journal of Customer Relationship Marketing and Management ◽

10.4018/ijcrmm.2013100103 ◽

2013 ◽

Vol 4 (4) ◽

pp. 41-56

Author(s):

Edwin Agwu

Keyword(s):

Supply And Demand ◽

Banking System ◽

Developed Countries ◽

Internet Banking ◽

Study Data ◽

Academic Community ◽

The Internet ◽

Banking Services ◽

The Uk ◽

Internet Banking Services

The internet banking services is an innovative financial transaction channel that has assumed a new urgency and relevance in today's world of business. The developed countries have embraced these services with little difficulty while the developing countries are beginning to see the benefits. The objective of this research hinged on the exploration of the supply and demand of internet banking services in the United Kingdom with special emphasis on three cities: London, Birmingham and Manchester. The study primarily probed into the extent to which the internet banking services has been adopted in the three major cities of the UK – London, Birmingham and Manchester. Secondly, it looked at the factors that are driving this adoption and thirdly, the reasons for non-usage by some segments of the selected regions. The consumer resistance theory by Ram and Sheth (1989) was therefore used as a framework of the study. As the focus is to ascertain the reasons for non-usage, and based on this framework, the following divisions were arrived at based on the non-users: 1) those that intends to use the services and 2) those that have no intention to use the services. The study data shows that there are significant differences based on the reluctant/resistance paradigm. The reluctant group falls into those that want to use but have not wholly made up their minds to do so while the resistance groups are those that have no intention of using the internet banking system at all. The study in a nutshell, provides financial managers and the academic community with a tool to engage these non-users through product designs and promotions.

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LEGAL PROTECTION FOR USERS OF INTERNET BANKING CUSTOMERS FOLLOWING CHANGES IN INFORMATION AND ELECTRONIC TRANSACTIONS LAW

Jurnal Pembaharuan Hukum ◽

10.26532/jph.v6i1.4674 ◽

2019 ◽

Vol 6 (1) ◽

pp. 54

Author(s):

Azharuddin Azharuddin

Keyword(s):

Financial Services ◽

Commercial Banks ◽

Personal Data ◽

Legal Protection ◽

Internet Banking ◽

The Internet ◽

Electronic Information ◽

Customer Data ◽

Banking Service ◽

Electronic Transactions

The presence of the Internet Banking service has offered a number of convenience and flexibility in conducting transactions, both between the bank and its customers, the bank and merchant, bank with the bank and the customer with the customer. However, this simplicity does not mean no risk. In addition to the Internet Banking service provides convenience, also in fact have some risks. The risk of a new character and is a challenge for practitioners and experts in the field of Internet Banking service to handle it, so it becomes important to discuss the legal efforts to protect customers' personal data in the operation of Internet Banking service after changes in legislation and elektronic information transaction. Forms of protection against customer data in Internet Banking in Indonesia are from several types of regulations that have regulated internet banking, namely Bank Indonesia Regulation Number 9/15 / PBI / 2007 concerning Application of Risk Management in the Use of Information Technology by Commercial Banks and Act No. 19 of 2016 concerning Amendments to Act No. 8 of 2011 concerning Electronic Information and Transactions along with the Financial Services Authority Act in the section on consumer protection

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Human resource management in China (in the financial sector)

E-Management ◽

10.26425/2658-3445-2019-3-22-28 ◽

2019 ◽

Vol 2 (3) ◽

pp. 22-28 ◽

Cited By ~ 2

Author(s):

M. Goykhman ◽

D. Grishaev ◽

L. Jing ◽

M. Dyakonova

Keyword(s):

Resource Management ◽

Human Resource Management ◽

Human Resource ◽

Banking Sector ◽

Human Resources Management ◽

Modern China ◽

Traditional Values ◽

Financial Industry ◽

Finance Industry ◽

Advantages And Disadvantages

Systematically carried out over the past forty years economic reforms have given impetus to the development of the financial industry in China. Any changes suggest new approaches in the management system. Despite the results obtained there are some problems in the financial industry of China. In modern China there is a synthesis of Western and Eastern management theories, but it is necessary to pay tribute to traditional values, that influence on the thinking of leaders. The problems of human resource management in China in the financial industry have been considered in the article. The areas, where the most revolutionary changes are currently taking place, such as cross-border e-commerce, also have been indicated. In China, the proliferation of the Internet finance industry has been made possible by the surge in e-commerce. The fundamental factor in the psychology of the Chinese is Confucianism, on which they rely in all spheres of life. Despite the fact that in modern China there is a synthesis of the Western and Eastern theories of governance, it is necessary to pay tribute to the traditional values, which influence the thinking of the leaders of Chinese organizations. But new areas of activity require other, more advanced approaches to personnel training. The advantages and disadvantages of human resources management in the banking sector of China have been considered in the article. As a result of the analysis of indicators and problems of personnel management in the financial sphere, the main conclusions and recommendations on the structure of human resource management at this stage of improving society in China have been presented.

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